Looking to capitalize on numerous opportunities at favorable prices, Anadarko Petroleum Corp. is upping its 2018 capital spending in part so that it can focus on its core acreage in the Permian and Denver-Julesburg (DJ) basins, as well as develop an emerging opportunity in the Powder River Basin (PRB), CEO Al Walker said Wednesday.
Gom
Articles from Gom
Shell-Led Kaikias in Deepwater GOM Ramps One Year Ahead of Schedule
The first phase of the Kaikias development in the deepwater Gulf of Mexico has ramped up nearly one year ahead of schedule with estimated peak production of 40,000 boe/d, Shell Offshore Inc. said Thursday.
Shell’s Newest Norphlet Discovery in Deepwater GOM Expands Inventory Options
Royal Dutch Shell plc said Thursday it has struck its sixth oil and natural gas find in the Norphlet play in the deepwater U.S. Gulf of Mexico (GOM) after encountering more than 800 net feet of pay at the Dover discovery.
Anadarko Directing 85% of ’18 Capital to DJ, Permian Delaware and GOM
Super independent Anadarko Petroleum Corp., which can pick and choose from an array of global prospects, is finding the best options in its own backyard, with plans to again direct nearly all of its 2018 capital to the United States.
Shell Profits Soar 140% as Efficiencies Trump Commodity Prices
With a plethora of natural gas and oil prospects lined up for development through the 2020s, Royal Dutch Shell plc is keeping a relentless focus on improving efficiencies to stay above the fray if commodity prices were to sink again, CEO Ben van Beurden said Thursday.
NGI The Weekly Gas Market Report
American Midstream, Southcross Merger to Create Gulf Coast Powerhouse for Onshore, GOM
American Midstream Partners LP (AMID) on Wednesday announced an estimated $3 billion merger with Southcross Holdings LP entities, a transformational tie-up that when completed would create an enterprise with 8,000 miles of onshore and offshore natural gas, crude and liquids pipelines, and substantial gas and liquids processing.
Tropical Storm Nate Forcing GOM Evacuations by E&Ps, Pipeline Operators
Natural gas and oil producers and pipeline operators working in the eastern part of the Gulf of Mexico (GOM) began shutting in production and evacuating platforms and rigs early Thursday in preparation for Tropical Storm (TS) Nate, which potentially could make landfall on the Gulf Coast this weekend.
Lower Tertiary Draws Most Prospectors in GOM-Wide Lease Sale
In the first lease sale covering the entire Gulf of Mexico (GOM) since 1983, the Lower Tertiary Trend, an intriguing deepwater play that has yielded big-time discoveries, captured most of the attention.
BOEM Awards 153 Tracts, Rejects 10 Bids from GOM Lease Sale in March
The Interior Department’s Bureau of Ocean Energy Management (BOEM) this week awarded 153 tracts to companies that bid in March to explore for oil and natural gas in the Gulf of Mexico (GOM), but 10 high bids were rejected.
Interior’s August GOM Lease Sale Offering 73M Acres for Development
Seventy-three million acres offshore Alabama, Florida, Louisiana, Mississippi and Texas will be auctioned in August to kick off the 2017-2022 federal oil and natural gas leasing program, the Department of Interior said Monday.